The Ministry of Trade and Industry will release preliminary estimates of the economy for the fourth quarter and the whole year next Friday | Lianhe Zaobao
The Singapore Ministry of Trade and Industry will announce the estimated GDP data for the fourth quarter and the whole year of 2025 on January 2, 2026. A survey by the Monetary Authority of Singapore shows strong performance across multiple economic sectors, leading economists to raise the full-year economic growth forecast for 2025 from 2.4% to 4.1%. Economic growth for 2026 is expected to be 2.3%. The manufacturing growth forecast has been upgraded from 0.8% to 5.4%, and the wholesale and retail trade growth forecast has been raised from 2.9% to 4.4%
The Ministry of Trade and Industry will announce the estimated data for the fourth quarter and the full year GDP (Gross Domestic Product) for 2025 next Friday (January 2, 2026) at 8 AM.
Previously, the latest economist survey report released by the Monetary Authority of Singapore showed strong performance across multiple economic sectors, leading economists to raise the full-year economic growth forecast from a median of 2.4% three months ago to 4.1%.
At the same time, due to the continued resilience of non-oil domestic exports and manufacturing, the upward momentum in the economy is expected to continue into early next year, with economists predicting economic growth of 2.3% in 2026.
Further Reading
Economists significantly raise this year's economic growth forecast from 2.4% to 4.1% Most industries showed steady performance in the third quarter; economists raised Singapore's economic forecast for this year and next
In the face of the impact of U.S. tariffs, Singapore's economic performance has exceeded expectations, prompting economists to significantly raise growth expectations related to trade. Among them, the manufacturing growth forecast has been raised from 0.8% to 5.4%, and the growth expectation for wholesale and retail trade has also been increased from 2.9% to 4.4%.
The public can check the preliminary estimated data for the fourth quarter and the full year on the Ministry of Trade and Industry and the Singapore Statistics News Centre website next Friday at 8 AM.
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